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The 22nd Beijing International Explosion Proof Electric Technology & Equipment Exhibition

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BEIJING,CHINA

March 21-23, 2022

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Industry News
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21 2021-07

U.S. crude oil exports reached record levels in 202

WASHINGTON - Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 m......

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19 2021-07

OPEC agrees to boost oil output in August on Saudi-

(Bloomberg) - OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United Arab Emirates. The unusually public dispu......

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16 2021-07

Another day of falling oil prices as U.S. gasoline

(Bloomberg) --Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. Futures in New York slid near ......

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25 2021-02

Oil prices reach one-year high as global crude supp

(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climbe......

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22 2021-02

Higher oil revenue gives Putin room to challenge Ru

(Bloomberg) --Rising oil prices and a weak ruble could provide the Kremlin with as much as $33 billion in extra cash for social spending this year, giving Vladimir Putin the financial wherewi......

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02 2021-02

Oil surges on signs of a tight global crude market

(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on M......

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27 2021-01

More oil and gas companies leaning into renewable e

OSLO - New research published by DNV GL finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the l......

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25 2021-01

Biden’s fiscal and climate priorities may support

(Bloomberg) --Initial steps taken by U.S. President Joe Bidens administration may help support the oil market this year and next, according to Goldman Sachs Group Inc. A focus on fiscal spend......

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12 2021-01

Asian oil refiners target European crude as Saudi o

(Bloomberg) --Asias oil refineries have been rushing to buy up crude cargoes from Europe after Saudi Arabias surprise decision to unilaterally cut output in February and March. Unipec, the tr......

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29 2020-12

Oil price rally fades as OPEC’s plans overshadow

(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from OP......

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22 2020-12

Oil prices dive as mutating virus chokes internatio

(Bloomberg) --Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the U.K. threatened more lockdowns across Europe. Brent futures ......

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18 2020-12

Oil prices climb past 10-month record on rallying g

(Bloomberg) --Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected. Futures in New York r......

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16 2020-12

Wall Street favor shifting from U.S. shale to Canad

CALGARY (Bloomberg) --After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020s historic market crash with a slew of upbeat outlooks from Wall Street eq......

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08 2020-12

Asian oil demand strengthens North Sea crude market

(Bloomberg) --North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places ......

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02 2020-12

Oil prices rise as OPEC+ delays a decision on outpu

(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New York......

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